Platinum market is turning a corner as supplies start to tighten
Prices of the metal mostly used in autocatalysts are off to the best start to a year since 2016 as investors flock back to exchange-traded funds.
Latest Stories
Rio Tinto’s iron ore mine expansion gets environmental nod
Approval is subject to conditions, including the protection of national park water resources and endangered ghost bats.
Back on the menu: Chinese steel mills regain taste for high-grade iron ore
Prices of 65% iron-content ore for delivery to China hit a five-year-peak of $110.5 a tonne on Thursday, while its premium to benchmark 62% ore widened to five-month highs.
Zimbabwe faces worst power cuts in 3 years, mines hit
The power cuts started on Monday and would last up to eight hours during morning and evening peak periods.
JX Nippon Mining appoints new president, sets out long-term vision
Seiichi Murayama, senior executive officer, will become its new president on June 26, replacing the current president Shigeru Oi.
Investors, autos to fuel platinum deficit in 2019 – Johnson Matthey
Specialist materials firm Johnson Matthey forecast a 127,000-ounce platinum shortfall this year, after surpluses of 372,000 and 44,000 ounces in 2018 and 2017 respectively.
Turquoise Hill’s role in Oyu Tolgoi-related decisions may change this week
SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill is expected to vote against the re-election of the Canadian miner’s board members this week.
Canada Cobalt Works doubles size of Castle mine land package
The company added 4,800 hectares to the mine site by signing a deal with a local prospector and through staking.
Alba to acquire five vanadium, uranium properties in the US
The Vancouver-based miner is getting the properties as part of a deal to acquire Journey Exploration.
